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of course washington with strong ties to israel, and then you have egypt. they already have their peace treaty with israel, 1979 camp david accord. they said they will not interrupte disrupt that peace treaty, but egypt has strong relations with hamas. hamas was born out of the muslim brotherhood. that's why much of the world is eager to see if the two countries can get together and get these two sides to stop fighting. diplomatic efforts are continuing at this hour, world. >>> and there's no word i take it, reza, whether there will be joint public statements by the egyptian president and hillary clinton? we don't have an indication one way or another yet, do we? >> reporter: the last statements we received from the president's office was that there would be a press conference. that's what we are waiting for. we anticipated in meeting to take place earlier this afternoon local time in cairo with the press conference to follow. this meeting has gone on longer than we expected. >> we'll see if they announce some sort of cease-fire or some sort of great that h
of course washington with strong ties to israel, and then you have egypt. they already have their peace treaty with israel, 1979 camp david accord. they said they will not interrupte disrupt that peace treaty, but egypt has strong relations with hamas. hamas was born out of the muslim brotherhood. that's why much of the world is eager to see if the two countries can get together and get these two sides to stop fighting. diplomatic efforts are continuing at this hour, world. >>> and...
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across parts of western montana, idaho still into washington, oregon and northern california. a lot of rain. it's going to be windy at times. and those snow levels will be coming down wednesday evening. so that could impact your travel if you're heading over mountain passes. but east of the rockies, it's looking good. can't get any better than. this a little bit cool in the northeast. but we're not expecting any weather in the way of rain or snow. so traveling the interstates interstate 40, i-95 looking good here for your wednesday forecast. and thanksgiving day a cold front will start to move through the upper midwest. that will change the weather by thursday night, thanksgiving evening, in places like chicago back into kansas city. getting cloudy and eventually the rain will move in. it's much colder air behind. this you can see a wintery mix across north dakota and far northern parts of minnesota. if that's where you're traveling. be careful out there. here comes that cold air mass dropping in out of canada. but nice and warm ahead of it. 62 for thanksgiving day in chicago.
across parts of western montana, idaho still into washington, oregon and northern california. a lot of rain. it's going to be windy at times. and those snow levels will be coming down wednesday evening. so that could impact your travel if you're heading over mountain passes. but east of the rockies, it's looking good. can't get any better than. this a little bit cool in the northeast. but we're not expecting any weather in the way of rain or snow. so traveling the interstates interstate 40,...
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the problem is with washington there's nothing fundamental here. it's all emotional. that's the big uncertainty. if we can solve that problem, i think we're on the way. >> but can we solve it? >> i think we can. i actually think the fiscal cliff -- they won't solve all the problems, but the fiscal cliff will turn out to be more like a ditch. if they can solve most of the problems, i think the markets are okay. >> got some clapping going on here. >> the applause it for the marines. they have hit the new york stock exchange. it's an annual tradition. >> once a marine, always a marine. >> they will be here ringing the closing bell to kick off the annual toys for tots campaign. and there's a famous bell ringer himself joining us here at the new york stock exchange. of course, the marines and all of the armed forces always get a big hand when they come to the floor of the new york stock exchange. we're very glad they're with us today. what are you going to buy here? do you feel we've seen the lows for the year here? >> i think that right now the market's realized we're goi
the problem is with washington there's nothing fundamental here. it's all emotional. that's the big uncertainty. if we can solve that problem, i think we're on the way. >> but can we solve it? >> i think we can. i actually think the fiscal cliff -- they won't solve all the problems, but the fiscal cliff will turn out to be more like a ditch. if they can solve most of the problems, i think the markets are okay. >> got some clapping going on here. >> the applause it for...
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Nov 21, 2012
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the craziest thing is happening in washington right now. you've probably heard of the fiscal cliff or as lawrence likes to call it, the fiscal curve or as my friend calls t the austerity bomb. whatever you would like to call it, it does not look like it's going to happen. it doesn't just look like we're going to avoid a crisis. at this moment today, and this can change, it looks like we're going to avoid an almost-crisis too. they might wrap it up and go home for christmas. almost everyone i have talked to has been weirdly confident and upbeat about where this is going. this shouldn't be an amazing thing for me to tell you. i shouldn't be coming to you saying, look, congress might not blow up the economy for no good reason. or if i do have to say it, i shouldn't sound excited about it. that should be a given. but in recent years, it has not been a given. and the reason it hasn't been is in some ways traceable to this guy. you know that guy. that is grover norquist. if you go by his name or his picture, he may not seem imposing. but in the r
the craziest thing is happening in washington right now. you've probably heard of the fiscal cliff or as lawrence likes to call it, the fiscal curve or as my friend calls t the austerity bomb. whatever you would like to call it, it does not look like it's going to happen. it doesn't just look like we're going to avoid a crisis. at this moment today, and this can change, it looks like we're going to avoid an almost-crisis too. they might wrap it up and go home for christmas. almost everyone i...
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more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> a frightening moment for this woman walking her dog in israel when she heard the warning that a rocket was headed for her neighborhood. she shot this video as she took cover. [ bleep ] . >> you can hear those explosions in the distance, right? she is a teacher in israel, lives about a mile from the gaza border. even though classes are canceled and the children have been evacuated, she has chosen to stay home to take care of her dogs. she joins us now via skype. good morning. >> good morning. >> i guess it's afternoon there. so good afternoon. before we get to your personal story, i'm sure you've heard by now about the bus attack in te
more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> a frightening moment for this woman walking her dog...
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Nov 21, 2012
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but the problem with washington's role is they have no relationship with hamas. obviously, washington considers hamas a terrorist organization and that is probably why it's been easier over the past several days, but has really emerged as playing the role of lead peacemaker. they obviously have strong links with hamas, hamas was borne out of the muslim brotherhood. egypt also has a peace deal with israel, and they have promised to honor. yesterday, of course, egypt, officials here very optimistic, the president mohamed mursi saying a cease-fire would happen on tuesday. christine, obviously, that is not the case. violence now, the latest apparent bus attack in tel aviv appears to be escalating. >> reza sayah in cairo. we'll check in with you again soon. thank you. >>> ahead at 6:30 eastern stuart holiday joins us, head of the meridian international center who works with the state department. next hour soledad talks with israeli government spokesman mark regev. >>> a brush with death for former boxing great hester macho camacho. the 50-year-old camacho was shot in
but the problem with washington's role is they have no relationship with hamas. obviously, washington considers hamas a terrorist organization and that is probably why it's been easier over the past several days, but has really emerged as playing the role of lead peacemaker. they obviously have strong links with hamas, hamas was borne out of the muslim brotherhood. egypt also has a peace deal with israel, and they have promised to honor. yesterday, of course, egypt, officials here very...
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obviously, israel and washington are best friends. washington has a lot of influence with israel. but the problem is, washington does not have a relationship with hamas. the u.s. sees hamas as a terrorist group, of course. i think that's where egypt could play a significant role here. look for secretary clinton to push egypt, its president, mohamed morsi, to get hamas to make some concessions to possibly hammer out a cease fire. yesterday egyptian officials were optimistic that a cease fire would come. today, it's not the case. all parties here seem to be continuing the push to hammer out some sort of truce while the violence seems to be escalating. >> reza sayah for us in cairo this morning. thank you. appreciate that. >>> couple of new things to tell you. the white house has a statement now on the bus explosion saying this. the united states condemns today's terrorist attack on a bus in tel aviv. our thoughts and prayers are with those that were injured and the these attacks are outrageous, unshakeable commitment to israel's security, friendship and solidarity with the israeli p
obviously, israel and washington are best friends. washington has a lot of influence with israel. but the problem is, washington does not have a relationship with hamas. the u.s. sees hamas as a terrorist group, of course. i think that's where egypt could play a significant role here. look for secretary clinton to push egypt, its president, mohamed morsi, to get hamas to make some concessions to possibly hammer out a cease fire. yesterday egyptian officials were optimistic that a cease fire...
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he coined the term, fiscal cliff, "the washington post" today says. also adds that the evans rule is an area they continue to look into. fallout today from what he said yesterday? >> ilgt bit but that will happen. the market will be going up and down on small indicators. is john boehner smiling or frowning today? we'll have a lot of volatility for the next two or three months because i do think it's going to be two or three months. i think this is going to go into january. i think close to a 50% chance we'll go over the fiscal cliff temporarily. the market won't react well to that so it's going to be very, very bumpy couple of months here. >> that said, seasonally, i was told not too long ago, the period between thanksgiving week and december 3rd, the past 20 years has been positive for stocks for 17 of those 20 years. is there going to be any kind of hope for a santa claus rally here, michael? >> i think there is. that's simply because pessimism has reached a level of extreme that historically has led to higher markets over the next three months 81%
he coined the term, fiscal cliff, "the washington post" today says. also adds that the evans rule is an area they continue to look into. fallout today from what he said yesterday? >> ilgt bit but that will happen. the market will be going up and down on small indicators. is john boehner smiling or frowning today? we'll have a lot of volatility for the next two or three months because i do think it's going to be two or three months. i think this is going to go into january. i...
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whereas folks in washington are saying, and maybe rightly. i'm curious to see what you think, maybe it isn't so bad to go over the cliff for a little while. it'll get everybody's attention. it won't damage the economy that much, although she says it'll take the stock market down 5%, and then come to a deal after that. >> and mr. sacks, i remember you coming on after the last failure of washington to respond and an absolute crash in consumer confidence and the challenge that posed before. >> well, i think the lack of confidence was that there was no clear solution. that's why we're back at the cliff again. and now i think it's very clear, it was clear last time, we need more revenues. no matter how many times the republican party has said we don't. we're going to need higher tax rates, no matter how many times the party has said we don't. the huge majority of the public supports that now. rasmussen showed 60% support for ending the breaks at the top. >> what else do we need other than taxing the rich? >> we need a framework so you can look and
whereas folks in washington are saying, and maybe rightly. i'm curious to see what you think, maybe it isn't so bad to go over the cliff for a little while. it'll get everybody's attention. it won't damage the economy that much, although she says it'll take the stock market down 5%, and then come to a deal after that. >> and mr. sacks, i remember you coming on after the last failure of washington to respond and an absolute crash in consumer confidence and the challenge that posed before....